KT

33 news stories mention KT

KT introduces ‘mother of all credit cards’ — Korea Herald — “Dubbed ‘Clip Card’ the device looks like credit and debit cards issued by financial institutions, but it has a 1.3-inch display on the surface of the card that enables users to register all their cards, which are displayed in barcodes… The KT platform is compatible with all types of credit cards regardless of card companies and financial institutions, and with any operating systems.”

Bankcard association UnionPay International has launched its host card emulation (HCE) and tokenization based mobile payment service in South Korea, enabling its cardholders to pay by tapping their mobile phones. The launch of UnionPay HCE mobile QuickPass is supported by mobile network operator KT and its subsidiary BCcard. More

In the April issue of Mobile Wallet Outlook the NFC World team examines why NFC is failing to gain traction in the mobile payments market, analyzes the range of cloud-based options available for those seeking to deliver mass market mobile wallets — and sets out in detail how MCX’s barcode and cloud-based wallet will work, when it’s likely to launch and who is already using the same approach today. More

Sixteen Korean banks have introduced BankWallet, a prepaid NFC payments service that uses a platform developed by interbank clearing house KFTC. SK Telecom subscribers with an NFC phone will be the first to be able to use the new service and KT customers will be added soon. More

Korean mobile network operators KT and SK Telecom have been named as the winners of the 2013 GSMA Chairman’s Award, the association’s most prestigious honour, in recognition of “their pioneering efforts and leadership in driving the adoption of SIM-based mobile near field communication (NFC) services”... More

Mobile network operators in the three countries have agreed technical specifications that will enable consumers to make use of NFC payments and other services in both their home country and abroad. More

KT’s MoCa combines payment cards, coupons and offers stored in the cloud with a mobile wallet app that allows consumers to make payments at merchants via traditional barcodes, QR codes or NFC — providing retailers with the flexibility to use their prefered choice of POS hardware to close the “last inch” at the point-of-sale. More

The Japanese carrier, founder of Japan’s Osaifu-Keitai mobile wallet service, has signed a deal with MasterCard that will see its 17m iD mobile credit card holders being able to use a new generation of phones to make payments at MasterCard Paypass merchants in 41 countries as well as at 560,000 Osaifu-Keitai points of sale in Japan. More

“Docomo and KT plan to share the results of their commercial endeavor with global associations and standardization bodies, aiming to promote the realization of a commercial environment for globally compatible NFC services,” the Japanese and Korean carriers say. More

The Korean IT services supplier has partnered with carriers KT and LG U+ to enable employers to use NFC mobile phones to replace staff ID badges. Additional services such as payroll integration and payments are planned for the future. More

The first international NFC marketing service is to go live on 1 April, allowing customers of NTT Docomo and KT to collect and redeem special offers from NFC posters in both Japan and Korea — and payments and ticketing services as well as the participation of carriers in additional Asian countries are set to follow. More

This year’s World Expo in Yeosu, Korea is to include NFC-based payments, food ordering, entrance tickets and parking as well as an NFC shopping wall and access to multilingual information on exhibits and transportation. More

NTT Docomo, KDDI and Softbank Mobile have set up the Japan Mobile NFC Consortium with the aim of working together to coordinate the switch from Japan’s existing Osaifu-Keitai non-NFC standard mobile payments system to NFC. More

Korea’s leading mobile network operators, card networks, phone manufacturers and government agencies have joined forces to provide shoppers in Seoul’s busiest shopping district with a wide range of NFC services including payments, couponing, smart posters and digital receipts. More